California law acknowledges that full probate is unnecessary for small estates and offers simplified probate alternatives for estates valued at less than $166,250. If your estate is worth more than that, you can still avoid probate by setting up a California living trust. You do not need to hire a lawyer to establish your living trust; a California legal document assistant can prepare the living trust documents for you for a much lower price than a lawyer would charge.
If you have a bank account with funds between $166,250 and $250,000, you may want to consider putting it into a living trust. Luckily, this is a very simple process that your financial institution may even do for you! Plus, you will not need to hire an attorney. Read on to learn more about putting a bank account into a trust to decide if it's right for you.
The steps for filing probate in California can be overwhelming. In fact, the process can often take 8-10 months. To help out, we've provided a free California probate filing checklist for your personal use. For low-cost, non-attorney help with filing probate in California, contact A People’s Choice today.
As a single parent, it's important to plan for the worst to ensure your children's protection in case of an emergency. For example, a power of attorney can appoint a trusted friend or family member to handle your finances. Plus, you may want to choose a guardian for your children in the case of your incapacitation or untimely death. Read on for more tips on making these important decisions.
Many wealthy people hire estate planning lawyers to set up living trusts for them; these trusts allow the estate to avoid probate and the taxes that go along with it. Placing your assets in a trust, avoiding probate, and sidestepping estate taxes are not just strategies for multimillionaires and their expensive estate planning lawyers. All you need to get your do-it-yourself living trust started is a registered legal document assistant and a healthy fear of probate and all its unnecessary expenses.
If you need to make changes to your living trust, you can either amend the original document or create a new document with a California trust restatement. Read on to learn more about when a restatement is advised, and the benefits of restating a living trust. Then, be sure to contact A People's Choice to learn how we can help.
Electing an advance healthcare directive agent is an important estate planning step all older adults should be taking. However, how do you know who to choose and what they'll be doing? In this article we discuss the actions advance healthcare directive agents can take, and the qualifications you should consider before electing them.
Estate planning is imperative for anyone looking to ensure the well-being of their family members after their death. In fact, we always recommend that our clients create an estate plan. Therefore, in order to help out with this daunting process, we've created a free checklist for your reference. Read on to learn how to use it!
A People's Choice can help you understand the complexities surrounding California probate proceedings and help you file probate in California without an attorney. You don't need to hire an attorney to handle most California probate proceedings, and can easily complete probate with a registered legal document assistant.
You're probably familiar with the concept of a living trust, but there's an important step that comes after signing the trust. Read on to learn more about the process of funding a living trust and what consequences you may face if you fail to do so.